Especially seeing as you might end up selling the package to someone new who doesn't know any better and that would be committing a fraud on said buyers.My 2 cents.

Make use of the 6 month period, don't commit until you're ready to spend the time. 

Originally posted by @Mike Cumbie:Question 1 is do they have an existing lease?

We only ask for a 1-yr commitment to working with us as property managers.

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

•Tenants demand prompt, high-quality service and without caring about cost •Vendors seek to earn as much compensation for their work as possible.Balancing these needs requires thoughtful stewardship, strong communication, and a commitment to fairness.

So you are openly stating that you want to commit loan fraud.

Unit 2 - long-term rental (this will usually be with an existing tenant since you already have that running well or in a larger unit that might net the highest rent as a long-term)3.

I can accept a lower return but meeting some time commitments and returm commitments is paramount.

I'd tell them to return it and buy one that uses the existing connection.